Exercise of Option and Temporary Suspension
December 24 2007 - 6:00AM
UK Regulatory
Cubus Lux Plc (the "Company")
Exercise of option and Temporary Suspension
Further to the announcements made by the Company on 13 March 2007, 13 July 2007
and 1 October 2007 the board announces that the Company has now exercised the
option over the Olive Island land. The acquisition of this land will constitute
a reverse takeover under the AIM Rules, and accordingly will be subject to
shareholder approval.
The Company has requested that its shares are temporarily suspended from
trading on AIM until such time as an admission document is posted to
shareholders which will, inter alia, seek the consent of shareholders to enter
into the transaction. The Company hopes to post this admission document to
shareholders in the near future.
A further announcement will be made in due course.
For further information please see www.cubuslux.com or contact:
Steve McCann
Cubus Lux plc
+385 (0)99 214 9636
Simon Sacerdoti/Liam Murray
City Financial Associates Limited
+44 (0)20 7492 4777
Kealan Doyle
Lewis Charles Securities Limited
+44 (0)20 7456 9100
Neil Badger
Ellis Stockbrokers Limited
+44 (0)1293 517 744
END
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